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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: smolejv@gmx.net who wrote (4898)6/13/2001 5:16:42 PM
From: Ilaine  Read Replies (4) | Respond to of 74559
 
Why ask why? Because all my life, or most of it, anyway, I've wondered why there is poverty and suffering in the midst of abundance. With the hope, of course, that if we understood it then we would stop it.



To: smolejv@gmx.net who wrote (4898)6/13/2001 11:44:20 PM
From: Ilaine  Read Replies (1) | Respond to of 74559
 
>>The year [omitted] was dreadful. It marked both the beginning of a long and deep depression and a time of severe economic crisis. "Never before had there been such a sudden and striking cessation of industrial activity. . . . Nor is any section of the country exempt from the paralysis; mills, factories, towns, mines nearly everywhere shut down in large numbers, and commerce and enterprise are arrested to an extraordinary degree . . . . and hundreds of thousands of men thrown out of employment."

In retrospect, just a blip on the long duree of prosperity. The year, 1893.

I know, I know, boring, and I won't inflict it on you guys anymore. I'd take a vacation from SI except that a couple of people keep talking about things that intrigue me.